Follow the money
Orange County Register
by Steven Greenhut
10/01/06
Those of us who argue that a system of free enterprise is far superior to one of control by government regulators are always tagged by our foes as lackeys of the rich, the powerful and big corporations. It is true that I often defend wealthy corporations against those who want to loot them. Yet I hold no illusions that corporate leaders are somehow on 'our' side when it comes to issues of freedom and property rights. ... This situation is on full display in the campaign to stop Proposition 90, the statewide Protect Our Homes initiative that will be on the November ballot. If it passes, the initiative will mean the end of two troubling and common policies in California. The first is eminent domain abuse, by which cities take property from small businesses and homeowners and give it to big developers who promise to pay more sales taxes than the current owners. The second is regulatory takings, whereby governments 'take' property through regulations such as downzoning, often obliterating the value of a property without paying compensation...
http://tinyurl.com/ptxoy
Informant: Thomas L. Knapp
by Steven Greenhut
10/01/06
Those of us who argue that a system of free enterprise is far superior to one of control by government regulators are always tagged by our foes as lackeys of the rich, the powerful and big corporations. It is true that I often defend wealthy corporations against those who want to loot them. Yet I hold no illusions that corporate leaders are somehow on 'our' side when it comes to issues of freedom and property rights. ... This situation is on full display in the campaign to stop Proposition 90, the statewide Protect Our Homes initiative that will be on the November ballot. If it passes, the initiative will mean the end of two troubling and common policies in California. The first is eminent domain abuse, by which cities take property from small businesses and homeowners and give it to big developers who promise to pay more sales taxes than the current owners. The second is regulatory takings, whereby governments 'take' property through regulations such as downzoning, often obliterating the value of a property without paying compensation...
http://tinyurl.com/ptxoy
Informant: Thomas L. Knapp
rudkla - 3. Okt, 13:31
